Regulatory30 Apr 2026, 07:12 pm
Smartworks: Monitoring Agency Report for Q4 FY26 shows no IPO deviation
AI Summary
Smartworks Coworking Spaces Ltd has submitted its Monitoring Agency Report for the quarter ended March 31, 2026, in compliance with SEBI regulations. The report, issued by CARE Ratings Limited and reviewed by the company's Audit Committee, confirms that there was "No deviation" from the objects of the IPO issue. This disclosure pertains to the utilization of the ₹445.00 crore IPO proceeds, ensuring transparency and adherence to the stated objectives.
Key Highlights
- Smartworks submitted its Q4 FY26 Monitoring Agency Report.
- CARE Ratings Limited confirmed no deviation from IPO objects.
- Report covers utilization of ₹445 crore IPO proceeds.
- Audit Committee reviewed and took the report on record.
Price Impact
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